A committee vote on the SAFE Banking Act, which aims to improve cannabis companies' access to finance, is expected next week. The SAFE Banking Act is back in focus as senators prepare to take the next step down the long, 10-year path of cannabis federal banking reform. Members of the Senate Banking Committee have reportedly reworked key sections of the Secure and Fair Enforcement (SAFE) Banking Act and found a "sweet spot" that allows for a public markup of the proposed bill. More specifically,
A bipartisan group of senators on Wednesday introduced a newly revised bill to give state-legal cannabis companies access to business banking services.